4. Amount realised from the sale of old furniture is a (a) Capital profit (b) Capital receipt (c) Revenue receipt (d) None of the above

Transcription

1 COMMERCE 1. Which of the following factor does not affect the internal environment? (a) Strategy (b) Structure (c) Suppliers (d) Marketing capabilities 2. What is the time limit for filing a complaint to the District Forum? (a) One year (b) Two years (c) Three years (d) Infinite (There is no such limit) 3. When the first five year plan was started in India? (a) 1951 (b) 1950 (c) 1952 (d) Amount realised from the sale of old furniture is a (a) Capital profit (b) Capital receipt (c) Revenue receipt (d) None of the above 5. In case of fund flow statement, Fund means (a) Only the cash (b) Only capital (c) Networking capital (d) None of the above 6. Given : Debentures : ` 5,00,000 Equity share capital : ` 25,00,000 Cash : ` 1,00,000 Debtor : ` 2,00,000 Debt Equity Ratio will be (a) 5 : 1 (b) 0.2 : 1 (c) 5.6 : 1 (d) None of these 7. Given : Total Assets : ` 8,00,000 Current Liabilities : ` 2,00,000 No. of shares : ` 40,000 Face value per share : ` 10 Value per share will be : (a) ` (b) ` (c) ` (d) None of these 8. If a share of ` 10, on which an amount of ` 6 has been paid, is forfeited. It can be reissued at minimum price of (a) ` 10 (b) ` 6 (c) ` 4 (d) None of these Series-A 2 SPU-16

2 1.? (a) (b) (c) (d) 2. -? (a) (b) (c) (d) ( ) 3.? (a) 1951 (b) 1950 (c) 1952 (d) , (a) (b) (c) (d) 5. (a) (b) (c) (d) 6. : : ` 5,00,000 : ` 25,00,000 : ` 1,00,000 : ` 2,00,000 - : (a) 5 : 1 (b) 0.2 : 1 (c) 5.6 : 1 (d) 7. : : ` 8,00,000 : ` 2,00,000 : ` 40,000 : ` 10 : (a) ` (b) ` (c) ` (d) 8. ` 10, ` 6,? (a) ` 10 (b) ` 6 (c) ` 4 (d) SPU-16 3 Series-A

3 9. P and Q are partners, sharing profits in the ratio of 8 : 5 respectively. On 1 st April 2016, they admitted R into partnership. The new profit sharing ratio among P, Q and R is fixed as 6: 4 : 3 respectively. The sacrifice ratio of P will be 2 1 (a) 13 (b) 13 3 (c) (d) None of these The study of the effects of output volume on revenue, expenses and net income is known as (a) Budgeting (b) Cash Flow (c) Cost Flow (d) Cost Volume Profit Analysis 11. A responsibility centre in which manager is responsible for cost only, is known as (a) Cost Centre (b) Profit Centre (c) Investment Centre (d) All of these 12. In which Head, dividend received by Financial Enterprise is shown in the Cash Flow Statement? (a) Operating Activities (b) Investment Activities (c) Financial Activities (d) All of these 13. Variance analysis is related to (a) Ratio analysis (b) Standard costing (c) Marginal costing (d) None of these 14. Liquid Ratio is calculated as follows : (a) Total Assets / Total Liabilities (b) Current Assets / Current Liabilities (c) Liquid Assets / Current Liabilities (d) Current Liabilities / Liquid Assets 15. Which one of the following is Activity Ratio? (a) Net Profit Ratio (b) Current Ratio (c) Debtor Turnover Ratio (d) None of these 16. Accounting for price level changes is related to (a) Cost Accounting (b) Financial Accounting (c) Management Accounting (d) Inflation Accounting 17. Contribution is (a) Sales Purchase (b) Sales Variable Expenses (c) Sales Fixed Expenses (d) None of these 18. AS 3 is related to (a) Cash Flow Statement (b) Fund Flow Statement (c) Accounting for Depreciation (d) None of these Series-A 4 SPU-16

4 9., 8 : 5 1, 2016, 6 : 4 : 3 (a) (c) SPU-16 5 Series-A (b) (d) , (a) (b) (c) (d) - 11.,, (a) (b) (c) (d) 12.,? (a) (b) (c) (d) 13. (a) (b) (c) (d) 14. (a) / (b) / (c) / (d) / 15.? (a) (b) (c) (d) 16. (a) (b) (c) (d) 17. (a) (b) (c) (d) 18. AS-3 (a) (b) (c) (d)

5 19. The example of Joint Demand is (a) Ink and Pen (b) Newspaper and Magazines (c) Bus and Train (d) All of the above 20. The Concept of Elasticity of Demand propounded by (a) Samuelson (b) Canon (c) Marshall (d) None of these 21. The most important source of wage differentials is (a) Regional variation (b) Skills (c) Unionization (d) Relative danger 22. The Concept of cross Elasticity of Demand was given by (a) Moor (b) Marshall (c) Robert Triffin (d) None of these 23. Income effect towards Giffin Commodities will be (a) Positive (b) Negative (c) Zero (d) None of these 24. In which economy, the consumer is called the Emperor? (a) Socialism (b) Mixed (c) Capitalism (d) None of these 25. Thought of consumer saving was propounded by (a) Duepit (b) Marshall (c) Hicks (d) None of these 26. If production is zero, then fixed cost for short term will be (a) Positive (b) Negative (c) Zero (d) None of these 27. Law of Production was propounded by (a) Robbins (b) Stiggler (c) Marshall (d) None of these 28. Which statement is correct? (a) Income effect = Price effect + Substitute effect (b) Substitute effect = Income effect + Price effect (c) Price effect = Income effect + Substitute effect (d) None of these 29. Statistics is the science of Counting. Whose statement is this? (a) Bowley (b) King (c) Seligman (d) None of these Series-A 6 SPU-16

6 19. (a) (b) - (c) (d) 20. (a) (b) (c) (d) 21. (a) (b) (c) (d) 22.? (a) (b) (c) (d) 23. (a) (b) (c) (d) 24.? (a) (b) (c) (d) 25. (a) (b) (c) (d) 26., (a) (b) (c) (d) 27. (a) (b) (c) (d) 28.? (a) = + (b) = + (c) = + (d) 29.? (a) (b) (c) (d) SPU-16 7 Series-A

7 30. The formula of the Rank correlation Co-efficient is 6 εd 2 6 εd 2 (a) 1 + n (n 2 (b) 1 1) n (n 2 1) 6 εd 2 (c) 1 (n 2 (d) None of these 1) 31. The objects of statistical investigation are decided (a) after the compilation of data (b) before the compilation of data (c) during the compilation of data (d) None of the above 32. The errors which do not occur in census investigation are (a) Non-sampling error (b) Biased error (c) Sampling error (d) None of these 33. The lines of regression intersect at the point (a) (X, Y) (b) ( X, Y) (c) (X, Y ) (d) ( X, Y ) 34. What does Accounting software do? (a) Recording the transactions (b) Preparing Trial-Balance (c) Preparing Balance-Sheet (d) All of the above 35. Computer application in inventory control is helpful in (a) present position of stock (b) valuation of closing stock (c) reduction in cost (d) All of the above 36. According to Theo Haimann, the concept of Management are : (a) 2 (b) 3 (c) 4 (d) None of the above 37. The Scientific Management Theory given by (a) F.W. Taylor (b) Henri Fayol (c) George R. Terry (d) None of these 38. The Theory of Bureaucracy was given by (a) Henri Fayol (b) Elton Mayo (c) Max Weber (d) None of these 39. The Father of Brain storming was (a) Elton Mayo (b) Alex F. Osborn (c) Henri Fayol (d) None of these 40. Which function of Management do not exist without planning? (a) Organising (b) Staffing (c) Directing (d) Controlling Series-A 8 SPU-16

8 30. (a) 6 εd n (n 2 1) (c) 6 εd 2 1 (n 2 1) (b) 1 6 εd 2 n (n 2 1) SPU-16 9 Series-A (d) 31. (a) (b) (c) (d) (a) - (b) (c) (d) : (a) (X, Y) (b) ( X, Y) (c) (X, Y ) (d) ( X, Y ) 34.? (a) (b) (c) (d) 35. (a) (b) (c) (d) 36., (a) 2 (b) 3 (c) 4 (d) 37. (a).. (b) (c). (d) 38. (a) (b) (c) (d) 39. (a) (b). (c) (d) 40.? (a) (b) (c) (d)

9 41. Managerial Grid model of leadership was developed by (a) Blake and Mouton (b) Stephen Robbins (c) Victor Vroom (d) None of these 42. Grapevine communication is type of (a) Formal Communication (b) Informal Communication (c) Vertical Communication (d) None of these 43. Who was the father of the Modern Management Theory? (a) F.W. Taylor (b) Peter F. Drucker (c) Henri Fayol (d) None of these 44. The leadership style which is based on consultation with his group is called (a) Autocratic style (b) Democratic style (c) Free-rein style (d) None of these 45. The Third stage of Consumer buying decision process is (a) Evaluation of alternative (b) Information search (c) Purchase decision (d) None of these 46. The concept of Marketing mix consisting of 4 P s of marketing was given by (a) Peter F. Drucker (b) Philip Kotler (c) E. Gerome McCarthy (d) None of these 47. The concept of Marketing Myopia was given by (a) E.W. Emerson (b) Peter F. Drucker (c) Philip Kotler (d) Theodore Levitt 48. Which of the following is fundamental determinant of a person s wants and behaviour? (a) Culture (b) Family (c) Perception (d) None of these 49. A descriptive thought which a person holds about some object is referred to as (a) Attitude (b) Belief (c) Emotion (d) None of these 50. At what stage of product life cycle, advertisement expenses is maximum? (a) Introductory stage (b) Growth stage (c) Maturity stage (d) Decline stage 51. The set of all actual and potential buyers of a product is referred to (a) A Customer group (b) An Industry (c) A Market (d) None of these 52. Which one of the following is a part of short-term loan? (a) Debenture (b) Bank overdraft (c) Mortgage loan (d) None of these Series-A 10 SPU-16

10 41. (a) (b) (c) (d) 42. (a) (b) (c) (d) 43.? (a).. (b). (c) (d) 44., (a) (b) (c) (d) 45. (a) (b) (c) (d) 46., (a). (b) (c). (d) 47. (a).. (b). (c) (d) 48.? (a) (b) (c) (d) 49., (a) (b) (c) (d) 50.? (a) (b) (c) (d) 51. (a) (b) (c) (d) 52.? (a) (b) (c) (d) SPU Series-A

11 53. Which one of the following is related to Capital budgeting? (a) Liquid Ratio (b) Net Present Value method (c) Break-even Point Analysis (d) None of these 54. The Gross Working Capital means (a) Total Current Assets + Total Current Liabilities (b) Total Current Assets Total Current Liabilities (c) Total of Current Assets (d) None of these 55. Which one of the following is not a Securities Rating Agency? (a) SEBI (b) ICRA (c) CRISIL (d) None of these 56. Which one of the following is related to operating budgets? (a) Sales Budget (b) Purchase Budget (c) Production Budget (d) All of the above 57. Given : Cash in hand : ` 10,000 Debtor : ` 20,000 Bills receivable : ` 5,000 Plant : ` 5,000 Creditor : ` 15,000 Net Working Capital will be (a) ` 25,000 (b) ` 20,000 (c) ` 40,000 (d) None of these 58. Which one of the following is a function of SEBI? (a) Regulating the working of banks (b) Issue current notes (c) Regulating the working of stock brokers (d) None of these 59. Given : Initial investment : ` 50,000 Depreciation per year : ` 2,000 Constant annual cash flow : ` 10,000 Pay back period will be (a) 5 years (b) 5.2 years (c) 4.8 years (d) None of these 60. Sources of long term finance will be (a) Equity Share Capital (b) Debenture (c) Preference Share Capital (d) All of the above Series-A 12 SPU-16

12 53.? (a) (b) (c) - (d) 54. (a) + (b) (c) (d) 55.? (a) (SEBI) (b).... (ICRA) (c) (CRISIL) (d) 56.? (a) (b) (c) (d) 57. : : ` 10,000 : ` 20,000 : ` 5,000 : ` 5,000 : ` 15,000 : (a) ` 25,000 (b) ` 20,000 (c) ` 40,000 (d) 58.? (a) (b) (c) (d) 59. : : ` 50,000 : ` 2,000 : ` 10,000 (Pay back Period) : (a) 5 (b) 5.2 (c) 4.8 (d) 60. : (a) (b) (c) (d) SPU Series-A

13 61. Given : Sales : ` 1,00,000 Variable cost : ` 50,000 Interest : ` 5,000 Fixed cost : ` 25,000 Operating leverage will be (a) 4 (b) 2 (c) 6 (d) Given : Contribution : ` 1,00,000 Fixed cost : ` 50,000 Interest : ` 10,000 Income Tax : ` 10,000 Combined leverage will be : (a) 2.5 (b) 2.0 (c) 1.6 (d) If the face value of share is ` 10, earning per share is ` 4 and dividend per share is ` 2, then dividend payout ratio will be (a) 20% (b) 40% (c) 25% (d) 50% 64. Human Resource Management does not have any contribution from which of the following disciplines? (a) Psychology (b) Sociology (c) Anthropology (d) Biology 65. Which one of the following is the qualitative method of Demand Forecasting Technique of Human Resource Planning? (a) Delphi Technique (b) Group Brain storming (c) Work Study Technique (d) None of these 66. The Principle of Equal pay for Equal work is contained in which Article of the Indian Constitution? (a) Article 7 (b) Article 36 (c) Article 39 (d) None of these 67. Extra mural activities relates to : (a) Safety (b) Welfare (c) Health (d) None of these 68. Under the Factories Act, 1948 provisions for Creche is applicable, if (a) 10 women are employed. (b) 20 women are employed. (c) 30 or more than 30 women are employed. (d) None of these Series-A 14 SPU-16

14 61. : : ` 1,00,000 : ` 50,000 : ` 5,000 : ` 25,000 (a) 4 (b) 2 (c) 6 (d) : : ` 1,00,000 : ` 50,000 : ` 10,000 : ` 10,000 : (a) 2.5 (b) 2.0 (c) 1.6 (d) ` 10, ` 4 ` 2, (a) 20% (b) 40% (c) 25% (d) 50% 64.? (a) (b) (c) (d) 65.? (a) (b) (c) (d) 66.? (a) 7 (b) 36 (c) 39 (d) (a) (b) (c) (d) 68., 1948, (a) 10 (b) 20 (c) (d) SPU Series-A

15 69. Which of the following theories of labour welfare is based on Man s love for Mankind? (a) Functional theory (b) Religious theory (c) Public Relation Theory (d) Philanthropic theory 70. Under the Employee s Provident Fund & Miscellaneous Provisions Act, 1952, matters provided under the Insurance Scheme are specified under (a) Schedule I (b) Schedule II (c) Schedule III (d) Schedule IV 71. The Industrial Development Bank of India (IDBI) was established in (a) July 01, 1954 (b) July 01, 1964 (c) April 01, 1964 (d) None of the above 72. Profitable investment of a Commercial bank includes (a) Money at call and short notice (b) Discounting of bills (c) Treasury bills (d) All of the above 73. The important organisation of development of small scale industries is (a) IDBI (b) EXIM BANK (c) SIDBI (d) None of the above 74. Demonetisation of ` 1,000 & ` 500 notes was done in India on (a) 1 st November, 2016 (b) 8 th November, 2016 (c) 15 th November, 2016 (d) 30 th November, When Bank Rate will be lower, creation of credit will be (a) more (b) lesser (c) zero (d) None of the above 76. NABARD provides re-finance for (a) Short term (b) Medium term (c) Long term (d) All of the above 77. The Head Office of Reserve Bank of India is situated at (a) Delhi (b) Kolkata (c) Mumbai (d) Ahmedabad 78. Qualitative credit control include (a) Bank Rate Policy (b) Rationing of Credit (c) Open Market Operation (d) None of the these 79. Reserve Bank of India was established in (a) 1935 (b) 1948 (c) 1950 (d) The chairman of NABARD is (a) Governor of R.B.I. (b) Finance Minister (c) Deputy Governor of R.B.I. (d) None of the above Series-A 16 SPU-16

16 69.? (a) (b) (c) (d) 70., : (a) I (b) (c) III (d) II IV 71. (IDBI) (a) 01, 1954 (b) 01, 1964 (c) 01, 1964 (d) 72. (a) (b) (c) (d) 73. (a).... (b) (c) (d) 74. ` 1,000 ` 500 (a) 1, 2016 (b) (c) 15, 2016 (d) 8, , (a) (b) (c) (d) 76. (a) (b) (c) (d) 77. (a) (b) (c) (d) 78. (a) (b) (c) (d) 79. (a) 1935 (b) 1948 (c) 1950 (d) (a)... (b) (c)... (d) SPU Series-A

17 81. The First Report of Narsimhan Committee for the banking sector reforms was presented (a) In 1990 (b) In 1991 (c) In 1992 (d) In All transaction of International Monetary Fund are expressed at present in (a) Gold (b) US Dollar (c) SDR (d) None of these 83. World Trade Organisation came into existence in the year (a) 1995 (b) 1993 (c) 1991 (d) None of these 84. SAARC secretariat is situated at (a) Pakistan (b) Bhutan (c) India (d) Nepal 85. Which one of the following country is not a member of ASEAN? (a) Singapore (b) Brunei (c) Japan (d) Thailand 86. In which Head, income from family pension is included under the Income Tax Act? (a) Income from Salary (b) Income from other sources (c) Income from Business & Profession (d) Income from House property 87. In which Section of Income Tax Act, daily allowances received by members of parliament will be exempted? (a) 10(3) (b) 10(15) (c) 10(16) (d) 10(17) 88. If Mr. X received ` 14,000 from winning of lottery, then what is the amount of gross income of winning? (a) ` 20,000 (b) ` 14,000 (c) ` 16,000 (d) None of these 89. Which Section of the Income Tax Act relates to claim deduction for premium paid for Health Insurance? (a) Section 80 C (b) Section 80 D (c) Section 80 E (d) Section 80 G 90. In which Section of Income Tax Act, the sum received by a member from Hindu Undivided Family (HUF) will be exempted (a) 10 (5) (b) 10 (4) (c) 10 (2) (d) 10 (1) 91. Which Section of the Income Tax Act relates to claim deduction for the amount of interest received from Bank Saving Account? (a) 80 TTA (b) 80 E (c) 80 U (d) 80 C Series-A 18 SPU-16

18 81. (a) 1990 (b) 1991 (c) 1992 (d) (a) (b).. (c)... (d) 83. (a) 1995 (b) 1993 (c) 1991 (d) 84. (a) (b) (c) (d) 85. (ASEAN)? (a) (b) (c) (d) 86.? (a) (b) (c) (d) 87.,? (a) 10(3) (b) 10(15) (c) 10(16) (d) 10(17) 88.. ` 14,000,? (a) ` 20,000 (b) ` 14,000 (c) ` 16,000 (d) 89.? (a) 80 C (b) 80 D (c) 80 E (d) 80 G 90.,? (a) 10 (5) (b) 10 (4) (c) 10 (2) (d) 10 (1) 91.? (a) 80 TTA (b) 80 E (c) 80 U (d) 80 C SPU Series-A

19 92. Income Tax Act Section 24 is related to (a) Annual value (b) Deduction income from house property (c) Municipal tax (d) None of these 93. In which date, the Income Tax Act is enforced in India? (a) (b) (c) (d) Section 2 (62) of the Companies Act, 2013 is related to (a) Objects clause (b) One person Company (c) Name clause (d) Capital clause 95. Which section of the Companies Act 2013 relates to allotment of corporate identify number? (a) Section 7 (4) (b) Section 7 (1) (c) Section 7 (2) (d) Section 7 (3) 96. The first annual general meeting of the company must be held (a) within 3 months from the date of closing of first financial year of the company. (b) within 6 months from the date of closing of first financial year of the company. (c) within 9 months from the date of closing of first financial year of the company. (d) None of these 97. Which of the following Section of SEBI Act prohibits Insider Trading? (a) Section 12-A (b) Section 13-A (c) Section 15-A (d) None of these 98. Information Technology Act, 2000 is commenced from : (a) 1 April, 2000 (b) 17 October, 2000 (c) 8 November, 2000 (d) 17 November, Which Section of Information Technology Act deals with Hacking Cyber Terrorism? (a) 66 (b) 66 A (c) 66 F (d) What is the time limit for filing appeal against the order of Cyber Appellate Tribunal under Information Technology Act? (a) 15 days (b) 30 days (c) 45 days (d) 60 days Series-A 20 SPU-16

20 : (a) (b) (c) (d) 93.? (a) (b) (c) (d) , (62) (a) (b) (c) (d) 95., 2013? (a) 7 (4) (b) 7 (1) (c) 7 (2) (d) 7 (3) 96. (a) 3 (b) 6 (c) 9 (d) 97.? (a) 12-A (b) 13-A (c) 15-A (d) 98., 2000 (a) 1, 2000 (b) 17, 2000 (c) 8, 2000 (d) 17, ? (a) 66 (b) 66 A (c) 66 F (d) ? (a) 15 (b) 30 (c) 45 (d) 60 SPU Series-A

21 Space For Rough Work / Series-A 22 SPU-16

22 Space For Rough Work / SPU Series-A